Lead Software Engineer, Lending Club
Payments Implementation
$165-210k
+ Bonus and Equity
2+ days a week in office
Peer-to-peer lending website for personal loans
Job no longer available
Peer-to-peer lending website for personal loans
1001+ employees
Job no longer available
$165-210k
+ Bonus and Equity
2+ days a week in office
1001+ employees
Company mission
Lending Club's mission is to transform the banking system to make credit more affordable and investing more rewarding. Its technology platform enables it to deliver innovative solutions to borrowers and investors.
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Company mission
Lending Club's mission is to transform the banking system to make credit more affordable and investing more rewarding. Its technology platform enables it to deliver innovative solutions to borrowers and investors.
Some candidates hear
back within 2 weeks
-8% employee growth in 12 months
Our take
Lending Club offers peer-to-peer lending with benefits for both parties: the lender earns interest, whilst the borrower pays less interest than they would to a traditional bank. Through its marketplace, Lending Club is seeking to improve the financial health of its customers by helping them consolidate their debts.
Lending Club went from a small group on Facebook to a fully-fledged financial institution offering refinancing and small business products in just ten years of operation. The company now has more than 4 million members, and it was one of the first to offer online lending in an era that has seen a significant shift towards digital-first banking.
In February 2021, the company announced its acquisition of Radius Bank. Dubbed a fintech disrupter initially, some saw its move into banking as a step towards a more traditional model. A year after closing the acquisition, however, LendingClub merged the marketplace model and traditional banking, allowing for the growth and innovation of a fintech with the financial profile and resiliency of a bank.
Freddie
Company Specialist
Benefits
- Untracked vacation for salaried employees, which means take it when you need it, and generous paid time off for hourly team members
- A hybrid work model that balances in-office and work from home
- Leading health and safety protocols related to COVID, including complimentary at-home testing kits from Cue Health for those coming to the office
- Up to 16 weeks paid leave for new parents, plus a fully paid, phased return-to-work policy for qualified leaves
- Mothers Rooms and hospital-grade pumps in every LC office
- Generous and varied mental health benefits
- Wellness program with cash incentives — earn up to $75 per month for being active
- Paid volunteer time and donation matching
- Onsite gym, locker room, bike room, and fitness classes (depending on location)
- Café with our own in-house barista
- Stocked pantries with healthy snacks and drinks
- Technology-forward and collaborative office spaces
Company values
- Do What's Right
- Know Your Stuff
- Evolve With Purpose
- Be Confident With Humility
- Make Impossible Happen
- Act Like An Owner
Funding (last 2 of 8 rounds)
Apr 2014
$65m
GROWTH EQUITY VC
Nov 2013
$57m
GROWTH EQUITY VC
Total funding: $332m
This company has top investors
Founders
Scott Sanborn
(CEO)Previously held leadership positions as the Chief Revenue Officer for publicly-traded eHealth Insurance, President of RedEnvelope, Inc., and SVP at the Home Shopping Network. Joined LendingClub in 2010 and has worked as Chief Marketing Officer, Chief Operations Officer, and President. Became CEO in 2016.
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